Multi-kilometre precious metal bearing low-sulphidation vein
Sarape was identified through Orogen’s generative program in the Rio Sonora valley located in Sonora, Mexico in early 2017 following the discovery of a high-grade gold-silver ore shoot on the Ermitaño vein. The project is 100% owned by Orogen with no underlying royalties.
The Sarape Project is a 57 square-kilometre land package covering quartz-carbonate veins with high-level epithermal features developed on the margins of a horst. The Sarape vein, which varies in width from 3 to 12 metres, has been mapped and sampled over a strike length of five kilometres. The Chiltepin vein, which averages 3 metres in width on surface, has been traced over a strike length of 2.5 kilometres. Both veins display high-level epithermal features and elevated gold-silver values.
Coeur Mining completed a drill program in 2019 to test a range of elevations over 380 metres of strike length on the Sarape Vein. Drill results outlined a zone of brecciation and tan-green quartz development with subeconomic gold-silver values at approximately 150-200 metres below surface. More than 3 kilometres of the Sarape vein and over 2 kilometres of the Chiltepin vein remain untested by drilling.
- Flagship Royalties
- Canada Royalties
- USA Royalties
- Argentina Royalties
- Mexico Royalties
- West Kenya Royalties